Petrol, Diesel Prices Hiked For 5th Time In 6 Days

On Sunday, petrol price was hiked by 50 paise a litre and diesel by 55 paise a litre. It is the fifth hike in fuel prices in last six days, taking the total increase in rates since resumption of daily price revision less than a week back to ₹ 3.70-3.75 per litre.

In Delhi, from previous ₹ 98.61 a litre, the petrol price surged to ₹ 99.11 per litre, meanwhile the diesel price went up from ₹ 89.87 per litre to ₹ 90.42, according to a price notification of state fuel retailers.

The hike in fuel prices is nation-wide and rates may vary from state to state depending upon the incidence of local taxation.

After a four-and-half-month long hiatus in rate revision on March 22, this is the fifth increase in prices. Prices had been increased by 80 paise a litre on all the previous four occasions- the steepest single-day rise since the daily price revision was introduced in June 2017.

Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.

Related posts